Property Type: Land / LotOwnership: Freehold

320 FORREST CRESCENT, Hope

Hope, BC V0X1L4

$399,999

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Property Details

Property & Lot

Lot size
0.96 acres
Frontage
42 feet

Ownership & Fees

Property type
Land / Lot
Ownership
Freehold
Annual property tax
$1,332 (2025)

Interior

Fireplace
None

Exterior & Lot

View
View

Listing Information

MLS®
R3106464
Listed
April 8, 2026
Time on market
On the market for 145 days
Tax assessment year
2025
Data last synced
August 28, 2026

Listing provided by: Real Broker B.C. Ltd. · Data source: CREA DDF.

Description

Discover a rare opportunity to own a stunning, private lot overlooking the scenic Coquihalla River. Recently rezoned for RT-1 Duplex/Two-Family dwellings, this property offers incredible potential whether you're looking to build, invest, or create a peaceful retreat. The sloped terrain enhances both the views and privacy, all while being perfectly situated in a desirable Hope location, just five minutes from town, 35 minutes to Chilliwack, and two hours to Vancouver. A Geo Assessment has already been completed for added confidence. Don't miss out ! (id:63159)

Location Insights

Weather

Clear

17°C

Clear

Humidity 84%

Wind W calm km/h

Tonight

13°

Tuesday

23°

Tuesday night

15°

Wednesday

20°

Wednesday night

11°

Thursday

19°

Source: Environment and Climate Change Canada.

Population

6,686

(2021 Census)

+8.2% since 2016

Density: 163.6/km²

Dwellings: 3,243

Median household income: $64,000

After-tax: $58,800

Immigrant population: 14.2%

Top countries of origin (% of total population)

  • United Kingdom2.9% · 195
  • United States of America1.6% · 110
  • Netherlands1% · 70
  • Germany0.8% · 55
  • Philippines0.7% · 45
  • India0.4% · 30
  • Mexico0.4% · 25
  • Poland0.4% · 25

Source: Statistics Canada, 2021 Census of Population.

Location Accessibility

Our own metric — not an official Walk Score®.

Amenities

4

1/9 categories nearby

Transit

Not enough data yet

How this is calculated

Amenities: points awarded per category (restaurants, cafes, grocery, parks, shopping, gyms, pharmacies, banks/ATMs, healthcare) based on distance to the nearest one — 3 points under 200m, 2 points under 500m, 1 point under 800m — summed across all 9 categories and scaled to 0–100.

Transit: based on the number of transit stops within 800m and their mode (SkyTrain weighted highest, then streetcar/ferry, then bus). This reflects stop type and count only — our data doesn't include how often a route actually runs, so frequency is never factored in.

Both scores depend on how much of the surrounding area has been synced from OpenStreetMap and TransLink's GTFS feed. A lower score can mean fewer amenities nearby, or simply that this area hasn't been fully synced yet — not a confident measurement of the location itself.

Nearby Schools

SchoolTypeDistance
Two Rivers Education CentreSecondary2.6 km
Coquihalla ElementaryElementary2.7 km
Spirit of Hope SecondaryK-123.1 km
Silver Creek ElementaryElementary4.1 km

Schools shown by distance from this property. This does not indicate school catchment or enrollment eligibility — contact the school district to confirm catchment boundaries.

Nearby Transit

No TransLink stops within an ~10-minute walk.

Nearby Places

Parks (1)

  • Glehalla Park580 m

Nearby places data: © OpenStreetMap contributors.

School district: Fraser-Cascade (SD78)

Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($20,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$319,999.00
Periodic payment — Principal & Interest (monthly)$2,064.52
Additional monthly expenses (strata, tax, utilities, etc.)$111.00
Total monthly cost$2,175.52
Interest paid over 5-yr term$91,712.63
Balance at end of term$287,840.14

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$20,000
Stress test qualifying rate8.09%
Payment you must qualify for$2,922.06

Cash Needed at Closing

Minimum down payment$20,000
Estimated BC PTT$6,000
Legal / closing costs (typical estimate)$1,500
Total cash needed$27,500

Minimum down payment: 5% on the first $500,000, 10% on the portion up to $1.5M, 20% at/above $1.5M. Stress test: OSFI's minimum qualifying rate, the greater of contract rate + 2% or 5.25% — this is what lenders require you to qualify at, not what you'll actually pay. Closing costs are a typical-range estimate, not a quote — actual legal fees vary. Verify all figures with a mortgage broker and lawyer before relying on them.

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